Austin Jazz Society

Analysis

Austin Jazz Society is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Austin Jazz Society reported income of $57k and spending of $55k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $37k to $57k (+55%), an average of +55% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Austin Jazz Society sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within TX. Charities of a similar size with the same main cause include American School for the Deaf Institute of Deaf Education and Cu ($57k), Whatcom Chorale ($57k) and Sandy Actors Theatre a Non Profit Corporation ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 32% of the total. At year end it held assets of $190k against liabilities of $0, net assets of $190k.